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SHEIN customers prefer circularity in clothing choices
Reselling of clothes and secondhand items has become a reliable habit among SHEIN users.
SHEIN customers prefer circularity in clothing choices
Reselling of clothes and secondhand items has become a reliable habit among SHEIN users.
Singapore's economic growth to accelerate in 2024: report
Experts expect the country's economy to grow by 2.7% in real terms next year.
VC funding of startups in China plummet 26.9% 11M’23
Unconducive market conditions further drove its decline.
Philippine banks sees lending go up by 7.1% in October
Loans for production activities rose during the month.
South Korean banks’ net income down 23.9% in Q3
Non-interest income and return of assets both fell during the quarter.
Taiwan reports over 37 million active credit cards in October
The average rate of delinquency was 0.2% by the end of the month.
India’s commercial banks reports 17% higher net interest incomes
Banks also witnessed a 13.5% deposit growth for the quarter.
How banks can ensure customer safety in Gen AI adoption
Gen AI is expected to add up to US$340b in new value to banks. But obtaining a slice of this will not be an easy process.
Select life insurers show strong profitability – Fitch Ratings
Operating profitability of insurers from Hong Kong, Singapore, and Thailand pose with sound mortality gains and favourable investment returns.
MAS: freeze remittances to China for the next three months
It is effective from 1 January 2024 to 31 March.
Korean non-life and life industry stands steady in 2024 – Fitch Ratings
Insurers are seen to exhibit enhanced financial performance in the short term, mainly because of improvement in investment yield and focus on higher-value-added businesses.
Life insurers urged to examine contracts for transparency – APRA & ASIC
The joint APRA and ASIC review prompts regulatory expectations for Australian life companies.
Bright 2024 ahead for Australian insurance industry – Jefferies report
Investment income is anticipated to remain at elevated levels or potentially improve.
More Malaysian customers satisfied with the general insurance industry – Survey
Faster digitalisation and operational efficiency amidst the pandemic influenced this sentiment.
Cosmetic skincare market to grow US$79.4b from 2022 to 2027
The annual growth rate for the global market will hit 8.72%, due to growing demand.
Growing threats in maritime industry drive more cybersecurity investments
The maritime industry pays an average ransom payment of US$3.2 million to cybercriminals.
Saxo CEO stresses digital wealth’s key role in investment access
The wealthtech industry is expected to skyrocket its ‘onshore’ PFA of around $81t (SG$108.27t/HK$632.82t) by 2027, driven by Singapore and Hong Kong markets.
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OVERSEER customises the massage experience in real-time and in consideration of the specific needs of the user.
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1. InterContinental is saving insurance for a rainy day 2. Asia's First Social Wellness Club to open in Singapore 3. AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants 4. Malaysia launches platform for RE cross-border sale to Singapore 5. 6 in 10 Gen Zs prioritise user experience and trustworthy reviewsAwards
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